• Mortgage delinquencies fell again in August and are now down 5.7 percent over the past two months

• This marks the strongest such decline during July-August on record, since before 2000

• Foreclosure starts also eased in August and are now more than 12 percent below last year’s level

• Delinquencies resulting from 2017’s hurricanes continue to decline – just 25,100 remain in the mainland U.S.

• Some 391,000 homeowners with mortgages were located in Hurricane Florence’s evacuation area, with an estimated 283,000 in the 18 North Carolina counties declared disaster areas so far by FEMA

According to Black Knight's First Look report for August, the percent of loans delinquent decreased 2.4% in August compared to July, and decreased 10.4% year-over-year.

The percent of loans in the foreclosure process decreased 4.4% in August and were down 28.2% over the last year.

Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 3.52% in August, down from 3.61% in July.

The percent of loans in the foreclosure process decreased in August to 0.54% (from 0.57% in July).

The number of delinquent properties, but not in foreclosure, is down 185,000 properties year-over-year, and the number of properties in the foreclosure process is down 105,000 properties year-over-year.